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Energy Prices Push Overall CPI Up 0.4 Percent in February
There is still little basis for concern about inflation in February’s data.
Publications
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PREVIEW: What to Look for in the February Consumer Price Index
There is widespread concern that President Biden’s rescue package, along with the containment of the pandemic, could lead to inflationary pressures.
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Economy Adds 379,000 Jobs in February; Unemployment Edges Down to 6.2 Percent
A drop in aggregate hours in February could be an indication that productivity growth is accelerating.
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PREVIEW: What to Look for in the February Jobs Report
It is likely that job growth picked up some from its weak January pace.
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Consumer Price Index: Jump in Gas Prices Pushes Overall CPI up 0.3 Percent in January
The overall inflation picture looks good. Inflation in the problem areas (rent, medical care, and education) continues to be under control.
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PREVIEW: What to Look for in the January Consumer Price Index
It is less likely that inflation will be a major concern overall if inflation remains low in these problem areas as the economy recovers from the pandemic.
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Unemployment Falls to 6.3 Percent, but Job Growth Weak
Trump is the first president to leave office with a loss of jobs since Herbert Hoover.
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PREVIEW: What to Look for in the January Jobs Report
The continued surge in coronavirus cases will again be the main story in the January employment report.
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PREVIEW: Union Membership Byte 2021
The union membership rate rose by 0.5 percentage point to 10.8 percent in 2020, the Bureau of Labor Statistics reports today.
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A Big Jump In Gas Prices Pushes Overall CPI Up 0.4 Percent In December
The pandemic has led to a real flip in price trends.
